Question: Answer correctly / incorrectly regarding the following sentences. Explain in 3-2 lines Your answer 1.In forecasting when the Signal Track index gets a negative value
Answer correctly / incorrectly regarding the following sentences. Explain in 3-2 lines Your answer
1.In forecasting when the Signal Track index gets a negative value it can be concluded that there is a downward trend in the data They are predicted.
2. In an average prediction with weights then the highest weight is given to the period farthest from the present time
3. Calculate a prediction error so MAD will be negative if data values i.e. data are negative
4. In exponential smoothing exponential prediction add the beta coefficient when there is a trend of increase or Decrease in data
5. In calculating regression a negative error is considered more significant than a positive error because it shows a financial loss
6. MAPE forecasting method is preferred because it calculates the error in financial terms i.e. number in units of For example, dollars
7. EOQ model minimizes inventory maintenance cost
8. In exponential smoothing exponential prediction the smaller the alpha skating coefficient than the smaller the effect The error between forecast and actual demand, on the next forecast
9. In the POQ quantity order production model, the duration of the period at the beginning in which both inventory and consumption are received At the same time, it will be greater than the length of time it is consumed only
10 . According to the EOQ model with a known and constant demand, the optimal size of the security stock is equal to 2 / Q.
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